PowerTrends

July 2024

3 First-Half Champions – Including the Top-Ranked Stock in My System

Jason Bodner

If you’re invested in an S&P 500 index fund, you’re probably pretty happy with the first half of 2024. The benchmark index gained a solid 14.5% the last six months, which is already about 50% more than the annual average. But what a difference if you own the top performers. Fortunately, I’ve recommended two to my readers, and I own one myself. So I’ll take that as win-win.

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June 2024

The Great Income Heist Is Coming – Here’s What to Do Now

Jason Bodner

I want to warn you now that you may be about to make less money. If you have money in interest-bearing accounts, that juicy return you’ve enjoyed is about to decrease. And a lot of folks may not even realize it. Even more importantly, they may not realize the account itself may no longer be a good place for your hard-earned money. The Great Income Heist is coming, and record dollar amounts are about to take a hit.

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Power Trends+: You Request Them, We Rank Them

Jason Bodner

Investors might be feeling a little stung, too, but for other reasons. Stocks have gotten more volatile recently, and many are hitting lows. But there’s always a silver lining and some glimmers of hope – like the fact I can still celebrate a Panthers win since I’m a Florida native and live right up the road from the arena where they play.  And there are always great stocks poised to make money... we just need to know how to find them.

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Why I Expect NVIDIA to Be a $5 Trillion Company

Jason Bodner

If you had asked me what the most important date for NVIDIA Corporation (NVDA) in June would be, my answer would have been Monday, June 10. This was the day NVIDIA stock would start trading at its new split-adjusted price following its 10-for-1 stock split on June 7. However, my new answer is Tuesday, June 18, the day NVIDIA’s market cap hit $3.35 trillion – sailing past Microsoft Corporation’s (MSFT) $3.317 trillion market cap and briefly making NVIDIA the largest publicly traded company in the world. But we haven’t seen anything yet.

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It’s Time to Factor the Election Into Your Investing – Here’s the Roadmap

Jason Bodner

We’re quickly approaching the midpoint of the year, and considering how inflation, high interest rates, and global uncertainty have hung over the market, stocks have done well. I hope you’ve made good money along the way. In fact, that Nasdaq Composite is on pace for 30%+ gains in 2024, and the S&P 500 is not far behind. That would be about triple the annual average (about 10%) in a “normal” year. But this year is not normal.

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How To Pick Money-Making Stocks: Part 3

Jason Bodner

Picking winning stocks is a near impossible game. That’s because only a handful of stocks account for all of stock market success. This was proven by the impressive work of Professor Hendrik Bessembinder, who found only 4% of stocks account for all of the net gains of stocks above government bonds in the past 100 years. To complicate matters even more, only 1% of stocks account for half of the entire net gain of stocks over bonds.

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Power Trends+: A Prediction Come True and the Ingredients for a Stellar Stock

Jason Bodner

Something incredible happened. Some might say it’s a coincidence, but I know it was based on hard data that couldn’t be denied. In last week’s Power Trends+, TradeSmith analyst Luke Downey made a prediction that Broadcom (AVGO) would soon announce a stock split (or at least they should). Well, it didn’t take long. After filming the video but before the issue even landed in your inbox, AVGO did just that when it announced a 10-for-1 split set for July 15. And the stock has soared ever since.

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3 Top-Ranked Stocks for the Summer Travel Season

Jason Bodner

I’m always looking for trends to identify great stocks. And one just smacked me right in the face. I’m on vacation with my family traveling in Spain and Portugal. So far, I’ve been to four cities. The streets are packed, the restaurants are full, the hotels are booked, and the flights are oversold. The optic test tells me the travel and leisure market is vibrant right now. That makes sense. School is out, summer is here, and people are ready to take that vacation time. According to a Bank of America survey, 70% of respondents are planning to travel this summer. They also plan to travel for longer and spend more compared to previous years.

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